CFPB Issues Consent Order Against Student Loan Debt Collector
December 17, 2024 7:55 pmOn December 9, the CFPB issued a consent order against a debt collector following allegations of unfair and abusive practices... View Article
Categories for Headline News
FTC Issues Final Rule on Junk Fees
December 17, 2024 7:01 pmMore than two years after it first said it was exploring a rule to clamp down on junk fees, the... View Article
Consumer watchdog eyes $260m annual fee reduction for businesses accepting Mastercard & Visa cards, lower surcharges for consumers
December 17, 2024 7:00 pmThe Commerce Commission says its draft decision on the interchange fees businesses pay to accept Mastercard and Visa payments would... View Article
AI and Financial Crime Prevention: Why Banks Need a Balanced Approach
December 17, 2024 6:46 pmAI is a two-sided coin for banks: while it’s unlocking many possibilities for more efficient operations, it can also pose... View Article
Federal student loan forgiveness opportunities lost to those who refinance, CFPB warns
December 17, 2024 6:11 pmWith the Federal Reserve’s recent cuts to interest rates, more federal student loan borrowers are wondering if they should refinance.... View Article
DOJ and FTC Withdraw Competitor Collaboration Guidance over Two Republican FTC Commissioner Dissents
December 17, 2024 6:05 pmIn brief On December 11, 2024, the US Department of Justice (“DOJ”) and the Federal Trade Commission (“FTC”) announced the... View Article
CFPB report finds that mortgage originations dropped sharply in 2023
December 17, 2024 6:03 pmThe Consumer Financial Protection Bureau’s (CFPB) annual report on trends in the residential mortgage lending market showed a significant decline... View Article
Federal student loan forgiveness opportunities lost to those who refinance, CFPB warns
December 17, 2024 5:54 pmKEY POINTS With the Federal Reserve’s recent cuts to interest rates, more federal student loan borrowers are wondering if they... View Article
CFPB Report Finds Mortgage Companies Create Obstacles for Homeowners After Death or Divorce
December 17, 2024 5:27 pmToday, the Consumer Financial Protection Bureau (CFPB) issued a report on the experiences of homeowners dealing with their mortgage company... View Article
NCUA Issues Guidance to Federal Credit Unions on Overdraft and NSF Fee Practices
December 17, 2024 5:00 pmBy Joseph Reilly, Lori Sommerfield, Carlin McCrory & Glen Trudel on December 12, 2024 POSTED IN ALL ENTRIES, BANKING, CONSUMER... View Article
